 "SpiceJet sets a floor price to raise Rs 3,000 crore amid financial troubles and declining stock prices.")
SpiceJet sets a floor price to raise Rs 3,000 crore amid financial troubles and declining stock prices.
SpiceJet, the budget airline, has announced a floor price of Rs 64.79 per share for selling securities to qualified institutional buyers. The airline aims to raise up to Rs 3,000 crore, following approval from its shareholders last week. According to their placement document submitted to the BSE, SpiceJet might offer a discount of up to ...
